Douglas Lake Lakefront Property

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1421 Highway 139
Dandridge, TN 37725

Property

$989,000

DIRECT lakefront

Single Family: Traditional
6 rooms, 2 bedrooms, 2 full baths, 1 half baths

Jefferson County - 26

Wake up every morning to breathtaking sunrises over Douglas Lake, where panoramic views of the Great Smoky Mountains, Mount Le Conte, English Mountain, and sparkling waterfront create a setting you'll never tire of. Welcome to 1421 Highway 139--an extraordinary lakefront retreat that delivers the ultimate East Tennessee lifestyle. Whether you're searching for a luxury primary residence, an unforgettable second home, or a high-performing short-term rental, this property truly checks every box. Designed for entertaining and maximizing rental appeal, the home features two full kitchens, two spacious living areas, and beautifully updated interiors, making it ideal for large families, multiple guests, or vacation renters. Extensive renovations include a new metal roof, new septic system, remodeled bathrooms with custom tile showers, and a stunning 900-square-foot glass-enclosed sunroom where the lake and mountain views become the centerpiece of every season. Step outside and experience resort-style outdoor living. The expansive 22' x 32' entertainment deck is built for making memories with a relaxing hot tub, granite serving area, outdoor TV, and incredible lake views. A private covered boat dock with a 50-foot gangway provides direct access to Douglas Lake for boating, fishing, kayaking, and endless days on the water. Location is everything, and this home delivers. Lakeside Marina is just moments away, offering easy boat access, waterfront dining, and live music throughout the season. When you're ready to explore, you're only minutes from Interstate 40, Sevierville, Pigeon Forge, Gatlinburg, and the Great Smoky Mountains National Park, placing shopping, attractions, restaurants, Dollywood, hiking, and entertainment right at your fingertips. For investors, this property is equally impressive. With an established rental history, future bookings already on the calendar, and projected annual gross rental income approaching $100,000, this isn't just a vacation home--it's a proven income-producing opportunity in one of Tennessee's most desirable vacation destinations. Whether you're sipping coffee while the sun rises over the lake, spending the afternoon on the water, enjoying live music at the nearby marina, or relaxing in the hot tub under the stars, 1421 Highway 139 offers the rare combination of luxury, location, lifestyle, and investment potential. This is more than a lake house--it's a place where unforgettable memories are made and where your second home can become a true cash-flow machine. Buyer to verify all information. Projected rental income provided by builder.

Property Information

Total Living Area: 3287 sq. ft.,
Garage/Parking: garage spaces, parking spaces
Approx. Acres: 0.39
Living Area - Main Level: 1293 sq. ft.
Living Area - 2nd Floor: 0 sq. ft.
Living Area - Lower: 1994 sq. ft.

Room Details

Features

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Other Property Information

Year Built: 1976

Tax Information

Taxes (Total): $2,231
City Taxes: $0
County Taxes: $2,231
Parcel #: 081M B 00800 000

Listed by Ryan Coleman of Hometown Realty, LLC

ETN # 1350633

© Knoxville Area Association of Realtors® MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the KAAR MLS.

East Tennessee Realtors® MLS data last updated on Tuesday, September 1, 2026 at 8:25 AM

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